Mondelēz International is set to acquire iconic chocolate and candy brands including Ricolino, Vero, La Corona and Coronado from Grupo Bimbo, Mexico’s leading confectionery company.
The Swiss food giant is restarting some of its operations in Ukraine in order to support the delivery of essential food and beverages to those who remain in the country.
Grupo Bimbo, owner of well-known bakery brands including Sara Lee and Thomas English Muffins, is leading a Series A funding round for Ecuador-based LiveKuna, an emerging brand of superfood snacks, cereals, pastas, and alternative baking flours.
Rule Breaker Snacks, an allergy-friendly snack brand featuring chickpeas as its star ingredient, has secured a minority investment from Bimbo Ventures, the venture capital arm of global baking company Grupo Bimbo.
While Grupo Bimbo has managed to stay on top of and benefit from increased demand for its baked goods and snacks in the US during the pandemic so far, executives are weary of any additional strain on capacity and employee safety posed by a potential second...
As consumers increasingly opt to follow a healthy lifestyle, they are demanding more gluten-free, low-carb, whole grain, organic and paleo diet products. However, there will always be a way to find an excuse to give in to indulgence, especially when it...
Mexican bakery conglomerate Grupo Bimbo is inviting food entrepreneurs to submit project proposals to be part of its newly-formed innovation accelerator.
Grupo Bimbo is expected to maintain growth after the death of the Mexican bakery magnate Don Lorenzo Servitje Sendra, who founded the company in the 1940s, says an analyst.
Bankrupt Twinkies and Wonder Bread maker Hostess Brands says it expects to establish up to six ‘stalking horse’ bidders for its iconic bakery brands when bids are presented to the bankruptcy court.